NOT LISTED FOR SALE

416 Petronia St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $482,000 - $611,000

1 Bed
1 Bath
420 Sq Ft
2,962 Sq Ft Lot

Last Sold November 03, 2017

Last sale price $323,000 $769 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,488/month

140 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Stainless Steel Appliances
  • Tile Flooring

About This Home

As of November 2017

LOCATION, LOCATION, LOCATION. This unique apartment, fully renovated is located a half block from Duval St. Great as an investment property, second home or full time residence. Low maintenance fee makes this unit very attractive. Close to restaurants, shopping and tourist entertainment. Come and see for yourself.

Last Agent to Sell the Property

Monika Turek

Karem Kramer Realty (KW) Listed on: 03/06/2017

Last Buyer's Agent

Caroline Wagner-Earles

Coldwell Banker Schmitt RE Co. Lower Keys Office License #3314785

Coldwell Banker Schmitt RE Co. Lower Keys Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1928

Lot Details

  • 2,962

Interior Spaces

  • 420 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00017010-000101

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 6 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,894

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1893.89
  • Title: Title Ins - Buyer
  • Year Built: 1928
  • Alternate Key Number: 9042320
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 420.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00017010-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Nov 3, 2017
Sold by
Pedraza Diego
Bought by
Burnett Kimberly D
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Caroline Wagner-Earles
Coldwell Banker Schmitt RE Co. Lower Keys Office
List Price
$328,000
Sold Price
$323,000
Premium/Discount to List
-$5,000
-1.52%
Total Days on Market
140
Current Estimated Value
$567,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,161
Avg. Annual Appreciation
7.70%
Original Mortgage
$258,400
Outstanding Balance
$218,976
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$348,185

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jun 11, 2015
Sold by
Fannie Mae
Bought by
Pedraza Diego
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt R.E.
List Price
$169,900
Sold Price
$180,000
Premium/Discount to List
$10,100
5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.59%
Original Mortgage
$135,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2014
Sold by
Berry H Michael and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 1, 2014
Sold by
Berry H Michael and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2003
Sold by
Csigi Marianne
Bought by
Berry H Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burnett Kimberly D $323,000 Attorney
Pedraza Diego $180,000 Attorney
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Berry H Michael $225,000 Chicago Title Of The Fl Keys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnett Kimberly D $258,400
Previous Owner Pedraza Diego $135,000
Previous Owner Berry H Michael $150,000
Previous Owner Berry H Michael $30,000
Previous Owner Berry H Michael $203,100
Previous Owner Berry H Michael $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $323,000 -1.5% $769 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $328,000 +82.2% $781 / Sq Ft
06/11/2015 06/11/15 Sold $180,000 +5.9% $483 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $169,900 -- $455 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,652 $475,537 -- $475,537
2023 $3,652 $446,431 $0 $446,431
2022 $3,258 $387,040 $0 $387,040
2021 $2,933 $286,122 $0 $286,122
2020 $2,921 $286,122 $0 $286,122
2019 $2,823 $272,816 $0 $272,816
2018 $2,868 $272,816 $0 $0
2017 $2,152 $227,361 $0 $0
2016 $1,894 $152,993 $0 $0
2015 $1,582 $116,510 $0 $0
2014 $1,629 $116,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Monika Turek

    Karem Kramer Realty (KW)

  • C

    Buyer's Agent in 2017

    Caroline Wagner-Earles

    Coldwell Banker Schmitt RE Co. Lower Keys Office

    (305) 849-1058

    12 Total Sales

    Caroline Wagner-Earles
    Section Image

  • B

    Seller's Agent in 2015

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • D

    Buyer's Agent in 2015

    Dan & Barbara Crespo

    Florida Keys Real Estate Co. (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574635

Florida Keys Board of REALTORS®

APN: 00017010-000101

Florida Monroe County Key West 33040 Old Town

416 Petronia St Unit 1, Key West, FL

This home is located at 416 Petronia St Unit 1, Key West, FL 33040 since 06 March 2017 and is currently estimated at $567,161, approximately $1,350 per square foot. This property was built in 1928. 416 Petronia St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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